Funding Details
- Awarder
- Inbox
- Date Award
- June 26, 2024
- Vertical
- Financial Services
- Funding URL
- View Funding Page
Company Info
- Founding Year
- Not provided in the memo
- Organizations Involved
- Not provided in the memo
- Founders
- Sunil Abraham, Diana Siu
- Company Description
- AnchorZero, a NYC-based platform enabling founders to leverage Roth IRAs for tax savings and financial growth. AnchorZero provides a flagship product that simplifies the process of transferring startup equity into Roth IRAs, unlocking potentially hundreds of millions in tax savings and facilitating tax-free compounding of gains. Holding equity within a Roth IRA offers significant tax advantages, as any gains realized upon exit are shielded from capital gains taxes, and these initial gains can be reinvested to grow tax-free. AnchorZero allows founders to include their shares, angel investments, or exotic assets in their Roth IRAs for significant tax savings and financial growth.
- Market
- Fintech
- Location
-
New York,
NY,
US
- Coinvestors
- Bain Capital Crypto, Spark Capital, Ethereal Ventures, Mischief Capital, Pascal Capital, Robot Ventures, Sarah Meyohas
Links